Churches of high finance
Myth in the financial sector
in The pound and the fury
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Chapter 2 explores the vision of the economy in the financial sector. It begins by outlining how important the financial sector is, not only in its capacity to shape the material conditions of our society, but also the ‘soft power’ it wields in its ability to influence public discourse about the economy. Based on time spent visiting London’s financial district and talking to its inhabitants, the chapter outlines how the sector operates on flimsy, hollow and self-serving representations of knowledge, before concluding by pointing to the type of economic myth that stems from this institutional context, and showing how it pollutes public discourse.

The pound and the fury

Why anger and confusion reign in an economy paralysed by myth

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